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SHISH INDUSTRIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SHISH INDUSTRIES is 59.62.

Share Price ₹136.4Apr 19,2024
Market Cap ₹477.2 Cr
Earnings-TTM₹8.0 CrTTM-Consolidated Results
Price/Earnings59.62xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SHISH INDUSTRIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of SHISH INDUSTRIES is calculated as :

Current Market Cap [ ₹477.2 Cr] as on Apr 19,2024

(/) Earnings [ ₹8.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 59.62x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for SHISH INDUSTRIES , the investors are currently willing to pay 59.62 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of SHISH INDUSTRIES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of SHISH INDUSTRIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SHISH INDUSTRIES


PE Ratio Performance Analysis for SHISH INDUSTRIES

- SHISH INDUSTRIES 's latest p/e ratio is 59.62x.

- SHISH INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2021 averaged 33.34x.

- SHISH INDUSTRIES 's operated at median p/e ratio of 35.81x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, SHISH INDUSTRIES 's p/e ratio peaked in Mar2022 at 37.99x.

- SHISH INDUSTRIES 's p/e ratio hit its five-year low in Mar2021 of 26.22x.


How does SHISH INDUSTRIES 's P/E Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SHISH INDUSTRIES 8.0059.62477.2
ASTRAL LTD564.8092.4652,222.4
SUPREME INDUSTRIES LTD959.0553.8851,672.0
FINOLEX INDUSTRIES LTD433.6036.0615,636.0
RESPONSIVE INDUSTRIES LTD138.1355.067,605.0
PRINCE PIPES AND FITTINGS LTD222.0030.526,774.6
EPL LTD276.9020.405,648.0
JAI CORP LTD-9.29-565.515,253.6
TIME TECHNOPLAST LTD286.8420.926,000.0
GARWARE HITECH FILMS LTD188.5520.833,926.6
JAIN IRRIGATION SYSTEMS LTD-43.94-86.373,795.2

Plastic Products Industry Benchmark (Top 10) PE Analysis vs SHISH INDUSTRIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -565.51x
Max industry PE 92.46x
Median industry PE 30.52x
Average industry PE -23.83x



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